Telkom Indonesia SEC Filings

PT Telkom Indonesia (Persero) Tbk, Indonesia’s largest information and communications technology and telecommunications network company, has notified investors that its 2025 Annual Report on Form 20-F and audited financial statements have been filed with the U.S. SEC on May 15, 2026. These reports can be viewed on the company’s website and investors may request hard copies through Telkom’s investor relations department.

PT Telkom Indonesia (Persero) Tbk reports 2025 results showing resilient but pressured performance while pushing a major transformation under its TLKM 30 program. Consolidated revenue was Rp146.7 trillion with EBITDA of Rp72.2 trillion and net income of Rp17.8 trillion, as intense price competition, legacy service decline, and high infrastructure costs weighed on profitability.

The group is being reshaped into a strategic holding built on four pillars: B2C, B2B Infra, B2B ICT, and International. A key step was the partial spin-off of wholesale fiber connectivity and related assets, valued at about Rp35.8 trillion, into PT Telkom Infrastruktur Indonesia (InfraNexia), which will neutrally serve both Telkom entities and external operators.

Subsidiaries delivered mixed results: Telkomsel generated Rp109.3 trillion in revenue and Rp19.7 trillion in net income, Mitratel posted Rp9.5 trillion revenue and remains ASEAN’s largest tower owner, while Sigma and Telkomsat reported net losses amid restructuring and competitive pressures. Telkom also highlights strong sustainability progress, including a 44% reduction in Scope 1 emissions from 2023 and higher female representation in its workforce and management.

PT Telkom Indonesia (Persero) Tbk furnished its 2025 Sustainability Report, outlining environmental, social, and governance performance for Telkom and 13 directly owned subsidiaries. The report follows POJK 51, GRI 2021, SASB, UN SDGs, and initial adoption of IFRS S1 and S2, with external assurance by TÜV Rheinland Indonesia.

In 2025, TelkomGroup’s total greenhouse gas emissions across scopes 1, 2, and 3 were 4,153,661.3 tCO2e, with 52% from scope 2. Total waste generation fell about 24%, and 166.9 tons of fiber optic cable waste were diverted from final disposal, equal to 73% of such waste.

On the social side, women held 21% of managerial roles and Telkom developed digital capabilities so that 20.2% of employees qualified as digital talent. There were no employee fatalities due to work accidents, and the Net Promoter Score reached 63, classified as Excellent by Bain & Company.

Governance and ESG recognition strengthened: the Sustainalytics ESG rating improved from 25.6 to 24.5 (Medium Risk), the ACGS governance score reached 101.98, and Telkom received a B rating from CDP for climate. Telkom formalized a Climate Transition Plan and GoZero% strategy, set 2030 targets such as a 20% reduction in scope 1 and 2 emissions versus 2023 and at least 70% total waste reduction, and confirmed a long-term ambition of net zero emissions by 2060.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk filed its audited 2025 consolidated results, prepared under Indonesian Financial Accounting Standards, with an unmodified opinion from KAP Purwanto, Susanti, dan Surja (Ernst & Young network). Revenue was Rp146,742 billion versus Rp149,967 billion in 2024, while operating profit declined to Rp34,648 billion from Rp41,453 billion. Profit for the year fell to Rp24,458 billion from Rp29,497 billion, and basic earnings per share decreased to Rp179.83 from Rp226.15. Net cash provided by operating activities improved to Rp63,842 billion from Rp61,600 billion, and cash and cash equivalents ended at Rp34,228 billion. Total assets were Rp287,759 billion with total equity of Rp150,537 billion as of December 31, 2025. The auditor highlighted as a key audit matter the Group’s estimates of useful lives for telecommunication infrastructures, which totaled Rp144,713 billion or 50% of consolidated assets, and drew an emphasis of matter to a change in accounting policy for property and equipment applied retrospectively. The Group continued shareholder returns with cash dividends of Rp21,047 billion to the Company’s stockholders and additional dividends to non-controlling interests, alongside share buybacks at both the parent and Mitratel level. The Group also classified Ad Medika and its subsidiary as held for sale, with assets of Rp751 billion and related liabilities of Rp466 billion.

PT Telekomunikasi Indonesia (Persero) Tbk plans a share buyback of up to Rp1,000,000,000,000, covering shares listed on the Indonesia Stock Exchange and ADRs on the New York Stock Exchange. The program requires General Meeting of Shareholders approval and may run for up to 12 months.

The company states the buyback will not exceed 10% of issued and paid-up capital and will keep free float at least 15% of listed shares. Pro forma figures based on the nine months ended 30 September 2025 show assets and equity each reduced by Rp1,000 billion, while earnings per share rise slightly from Rp159.33 to Rp159.82.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk plans to hold its Annual General Meeting of Shareholders (AGMS) for financial year 2025 on Monday, June 8, 2026 at 14:00 Western Indonesia Time. The meeting will be conducted online via the e-GMS platform at https://easy.ksei.co.id.

Shareholders entitled to attend are those listed in the company’s Register of Shareholders on May 13, 2026 at 16:15 Western Indonesia Time. The formal invitation to the AGMS will be announced on May 16, 2026 through the e-RUPS provider website, the Indonesia Stock Exchange and Financial Services Authority system, and the company’s website.

Holders of the Series A Dwiwarna share and shareholders representing at least one twentieth of issued shares with valid voting rights may propose AGMS agenda items. Proposals must meet specific good-faith and legal criteria and be submitted in writing to the Board of Directors by May 9, 2026.